Bitwise Consultant: Traditional value investing has failed, and Bitcoin is a deep value asset of "ideological investment."
ChainCatcher news, BitwiseInvest advisor Jeff Park pointed out in an article that Benjamin Graham's "The Intelligent Investor" is no longer applicable to the current market, and the traditional "Newtonian investors" relying on earnings and discount models are gradually becoming ineffective. He believes that global investment is entering an era of "ideological investors," where capital allocation is increasingly driven by geopolitical, artificial intelligence, and cultural factors, rather than purely by yield models.In this framework, Park views Bitcoin as a deep value asset: its code operates beyond geopolitical interference; its consensus mechanism reflects the value of computing power and is unrelated to the AI paradigm; its community culture is globally unified and decentralized. He stated that Bitcoin possesses both hedging and belief attributes, allowing it to maintain resilience amid institutional changes and ideological conflicts, thus becoming a core asset for ideological investors.